Disney's deal with all the trimmings

Thu, Mar 21st 2019, 08:00 AM

 

DISNEY Island Development Ltd, the company set to construct a multi-million-dollar cruise facility in South Eleuthera, will receive hefty exemptions to carry out the project that would otherwise result in millions added to the public purse.
What appears to be a “most favoured nation’ clause also accompanies the exemptions as Disney also will be entitled to receive any benefits not specifically mentioned in the agreement that may become available to any other cruise line or their affiliates under the Hotels Encouragement Act and its regulations...

DISNEY Island Development Ltd, the company set to construct a multi-million-dollar cruise facility in South Eleuthera, will receive hefty exemptions to carry out the project that would otherwise result in millions added to the public purse.

What appears to be a “most favoured nation’ clause also accompanies the exemptions as Disney also will be entitled to receive any benefits not specifically mentioned in the agreement that may become available to any other cruise line or their affiliates under the Hotels Encouragement Act and its regulations...

 

Click here to read more at The Tribune

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